Inside the trial of Theranos' Elizabeth Holmes - NewsBreak
By Ulises in Business
Updated 3 years ago
Tuesday is the first full day of witness testimony in the trial of Elizabeth Holmes, founder of the disgraced blood-testing startup Theranos. Federal prosecutors say that Holmes, who started the company at age 19 and drove its valuation to more than $9 billion before it toppled, intentionally deceived investors about the company's technology and harmed patients who received faulty blood tests. The defense argues that Holmes' failures do not constitute fraud.